Changes that exceed 20% in the past two years and explanation for those changes:

(1) Long-term fund to property, plant and equipment ratio decreased by 32%: Mainly due to increase in property, plant and equipment.

(2) Times interest earned decreased by 50%: Mainly due to decrease in earnings before interest and taxes.

(3) Average collection turnover increased by 24%: Mainly due to increase in average trade receivables.

(4) Average inventory turnover decreased by 24% and average inventory turnover days increased by 31%: Mainly due to increase in average inventory

(5) Property, plant and equipment turnover decreased by 40%: Mainly due to increase in average property, plant and equipment.

(6) Return on total assets decreased by 51%, return on equity decreased by 50%, pre-tax income to paid-in capital decreased by 44%, net margin decreased by 45% and basic earnings per share decreased by 45%: Mainly due to decrease in net income before income tax and net income.

(7) Cash flow ratio decreased by 47% and cash flow reinvestment ratio decreased by 157%: Mainly due to decrease in cash provided by operating activities and increase in cash dividend.

(8) Operating leverage increased by 74%: Mainly due to decrease in operating income.

Changes that exceed 20% in the past two years and explanation for those changes:

(1) Debt ratio decreased by 22%: Mainly due to decrease in short-term borrowings, other payables and tax payables.

(2) Times interest earned decreased by 67%: Mainly due to decrease in earnings before interest and taxes.

(3) Average inventory turnover decreased by 37% and average inventory turnover days increased by 60%: Mainly due to increase in average inventory.

(4) Average payment turnover decreased by 21%: Mainly due to decrease in operating costs associated with lower net sales.

(5) Property, plant, and equipment turnover decreased by 43%: Mainly due to increase in property, plant and equipment.

(6) Total assets turnover decreased by 34%: Mainly due to decrease in net sales.

(7) Return on total assets decreased by 49%, return on equity decreased by 49%, pre-tax income to paid-in capital decreased by 44%, net margin decreased by 23% and basic earnings per share decreased by 45%: Mainly due to decrease in net income before income tax and net income.